I found [link|http://www.igs.berkeley.edu/library/htConstReform2003.html|this]
September 2003
Introduction
Proposals for constitutional reform of California's budget process and tax and spending policies tend to focus on four areas:
...
* Prohibitions on debt and deficits, and explicit mandates for a balanced budget.
which implies California doesn't require a balanced budget.
Darrell Spice, Jr. [link|http://www.spiceware.org/cgi-bin/spa.pl?album=./Artistic%20Overpass|Artistic Overpass]\n[link|http://www.spiceware.org/|SpiceWare] - We don't do Windows, it's too much of a chore